Nordic American Tankers (NAT) Gross Profit (2009 - 2026)

Nordic American Tankers' (NAT) quarterly Gross Profit came in at $48.6 million in Q1 2026, up 337.55% year-on-year from $11.1 million in Q1 2025, and down 73.4% quarter-over-quarter from $182.5 million in Q4 2025.

Nordic American Tankers (NAT) Gross Profit (2009 - 2026) Analysis & Trends

Nordic American Tankers' Gross Profit history runs 18 years deep, the most recent figure standing at $48.6 million for Q1 2026.

  • On a quarterly basis, Gross Profit rose 337.55% year-over-year to $48.6 million in Q1 2026; TTM through Mar 2026 was $261.1 million, a 10.73% decrease from a year earlier, with the FY2025 full-year figure at $72.7 million, down 67.72% from the prior year.
  • Gross Profit eased to $48.6 million in Q1 2026 per NAT's latest filing, from $182.5 million in the prior quarter.
  • Across five years, Gross Profit topped out at $71.1 billion in Q4 2022 and bottomed at -$33.4 million in Q4 2023.
  • The 5-year median for Gross Profit is $21.9 million (2024), against an average of $4.2 billion.
  • Across the five-year window, Gross Profit surged 726143.63% in 2022 and sank 200.21% in 2023, its largest moves.
  • Year by year, Gross Profit stood at $71.1 billion in 2022, then plunged by 100.05% to -$33.4 million in 2023, then jumped by 772.93% to $225.1 million in 2024, then fell by 18.91% to $182.5 million in 2025, then plunged by 73.4% to $48.6 million in 2026.
  • Per Business Quant, the three latest NAT Gross Profit figures stand at $48.6 million (Q1 2026), $182.5 million (Q4 2025), and $16.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn
10 Nordic American Tankers 1.36 Bn 1.28 Bn 48.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 48.56 Mn
Mar 31, 2026 48.56 Mn
Dec 31, 2025 182.54 Mn
Dec 31, 2025 182.54 Mn
Sep 30, 2025 16.38 Mn
Sep 30, 2025 16.38 Mn
Jun 30, 2025 13.58 Mn
Jun 30, 2025 13.58 Mn
Mar 31, 2025 11.10 Mn
Mar 31, 2025 11.10 Mn
Dec 31, 2024 225.10 Mn
Dec 31, 2024 225.10 Mn
Sep 30, 2024 21.86 Mn
Sep 30, 2024 21.86 Mn
Jun 30, 2024 34.39 Mn
Jun 30, 2024 34.39 Mn
Mar 31, 2024 25.86 Mn
Mar 31, 2024 25.86 Mn
Dec 31, 2023 -33.45 Mn
Dec 31, 2023 -33.45 Mn